MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILD) Shares Up 4.2%

MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (NYSEARCA:OILDGet Free Report)’s stock price traded up 4.2% on Monday . The company traded as high as $15.53 and last traded at $15.50. 42,059 shares were traded during mid-day trading, a decline of 38% from the average session volume of 68,308 shares. The stock had previously closed at $14.88.

MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Price Performance

The stock has a 50-day simple moving average of $15.49 and a two-hundred day simple moving average of $16.50.

MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Company Profile

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The MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (OILD) is an exchange-traded fund that mostly invests in energy equity. The fund provides 3x daily inverse exposure to a tier-weighted index of US firms involved in oil and gas exploration and production. OILD was launched on Nov 8, 2021 and is issued by REX Microsectors.

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